Wednesday, May 2, 2018

Amazon is supplying its discounted credit card fees to retailers who adopt Amazon Pay, and the corporation’s online payments service, based on Bloomberg.

The report Wednesday, citing individuals with understanding of the problem, stated Amazon has provided the reductions to a variety of smaller vendors who have higher credit card fees compared to Amazon, which is able to negotiate a lower fee because of its large consumer base and revenue volume.

The post appeared first on Retailnewsfeed.com.

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